ADB Provides US$180-million Loan for Infrastructure Development in Three Cambodian Cities
The Asian Development Bank (ADB) has approved a US$180-million loan to help three cities in Cambodia improve urban infrastructure and boost economic competitiveness. The Livable Cities Investment Project will help more than 140,000 residents in Bavet, Kampot, and Poipet access better wastewater and solid waste management services, according to a press release issued on 19 […]
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Resort-Style Lennar Masterplan Community in Homestead, Florida
Golden Gate Global works closely with Lennar to offer real estate investors exclusive opportunities for U.S. home purchases through Lennar’s extensive inventory of residential communities in 21 states of the USA. Demand for U.S. real estate among Asian investors has steadily increased in recent years. Cambodian investors can now buy homes in the Lennar community […]
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Which Locations Better for Borey and Condo Development in Phnom Penh?
Thanks to the rapid real estate development in Phnom Penh, every location in the capital has attracted a huge investment from local and international investors who are willing to build projects such as factories, markets, schools, and especially Boreys & condos. This trend has pushed land prices inside and outside Phnom Penh to significantly increase […]
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Importance of air purifier and ventilation in building construction
During the COVID-19 pandemic era, air purifiers and ventilation systems have become essential in both commercial buildings and residential units. If a closed building does not have adequate airflow and a proper air purification system, the risk of getting infected is higher, if someone in the building is positive. The smart ventilation system includes the […]
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Cambodia issues new regulations strengthening control over steam power plants
The Ministry of Mines and Energy (MME) has issued a new Prakas to regulate steam power operations, requiring all businesses related to this sector to request a permit prior to operation. According to Prakas No. 0305 dated 4 November 2021, any companies willing to develop, build, install, and operate steam power, both direct and indirect […]
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Real Estate Crisis Could Drag China’s Economic Growth Down to Lowest Level Since 1990s
Experts have projected that China’s economy could slow down to the lowest level seen since way back in the 1990s, mainly due to its new policies to reduce dependence on the property sector. Beijing’s pressures on the real estate sector such as increasing tax, restricting mortgage, among other policies, could cut their growth forecasts in […]
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Chinese Firm Mulls Investing US$2bn to Establish LNG Plants in Cambodia
A Chinese firm, in cooperation with local company LSCG Real Estate, has unveiled plans to invest over US$2 billion establishing LNG production plants and special economic zones in Sihanoukville, Koh Kong, Kep and Kampot. According to LSCG CEO Ly Sok Chhay, he and his team have already met with the four provincial governors to discuss […]
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Authorities Mull Building New Clean Water Treatment Plant in West Phnom Penh
Phnom Penh Governor HE Khuong Sreng has requested the Phnom Penh Water Supply Authority (PPWSA) to build a new clean water treatment plant on Prek Tnaot River, west of Phnom Penh, to increase clean water supply three districts on the outskirts of Phnom Penh’s that currently lack of clean water usage. HE Khuong Sreng unveiled […]
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Phnom Penh-Sihanoukville Expressway Reaching Final Layer Pavement Stage
The Chinese company building the new Phnom-Penh-Sihanoukville expressway has confirmed that it will soon begin work on paving the wearing course, which is the final surface layer of pavement for the Phnom Penh-Sihanoukville Expressway, indicating that the kingdom’s first expressway will be complete very soon. In September, work on the largest 225m bridge on the […]
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MPWT Begins Demarcating Alignment of East Ring Road 3
The Ministry of Public Works and Transport has been studying the alignment of the East Ring Road 3 (RR3), connecting Phnom Penh to Lvea Em district in Kandal province and possibly passing through Koh Dach and NR6. The east RR3 is an additional plan to the current under-construction RR3 to create a full ring road. […]
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Relevant Measures for the Retail Sector During COVID-19
By Eric Wong Chon Lap The COVID-19 pandemic has forced several changes in the retail market, to the point that reinvention and reformatting of retail operations became the key to survival for retailers, in the period where restrictions are everywhere. It has also continued to create an impact on the average occupancy rate of Phnom […]
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Japan Pledges to Continue Supporting SHV Port & Other Infrastructure Development
The Japanese Ambassador to Cambodia has pledged to continue to help develop the deep-sea port and waste management infrastructure in Sihanoukville, in response to the province’s potential growth in the future. Ambassador Mikami Masahiro made the remarks during a meeting and site visit at the port with the Sihanoukville Autonomous Port Chairman & CEO Chhun […]
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